Bermuda-based Insurer and reinsurer SiriusPoint has announced a new partnership with EatonGate.
The union will be primarily focused on UK property/casualty insurance business, and reaffirms SiriusPoint’s highly targeted strategy to develop MGA partnerships based on income, risk appetite alignment and synergy with the company’s underwriting expertise, vision and values.
Earlier this year, SiriusPoint International announced a new MGA Centre of Excellence, designed to deliver an efficient and collaborative onboarding experience for new MGA partners.
This collaboration marks the first example of a new partnership to emerge from the platform.
Rob Gibbs, chief executive officer, SiriusPoint International said: “Our partnership with Eaton Gate is a major first step in the delivery of our International strategy.
“I’m proud to see the SiriusPoint International MGA Centre of Excellence putting our plan into practice and collaborating across the global business to make it happen.”
Eaton Gate presently writes in excess of £100m of gross written premium through its group of underwriting businesses.
Jonathan Matthews, group chief operating officer, Eaton Gate said: “The addition of a global partner like SiriusPoint to the Eaton Gate panel will support the next stage of our growth.
“Combining the strongest underwriting capacity available, and a senior management with blue-chip UK market pedigree, SiriusPoint will accelerate our strategy to service our national and selected regional broking partners and their customers with interesting and useful SME commercial and mid-market home underwriting capability.”
Aon played a key role as the broker for the partnership between SiriusPoint and Eaton Gate.
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